2427 Margaret DR new

Newport Beach,CA 92663

$ 2400000

4 Beds

2 Baths

1159 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,159 sqft

Price per Sqft $2,070

Subdivision Newport Heights (Newh)

MLS Listing ID PW25174094

Bedrooms 4

Full Baths 2

Year Built 1954

Lot Size 8,664 Sqft

Property Sub-Type Single Family Residence

Property Description

Located in the prestigious Newport Heights neighborhood, this 8,662 sq. ft. lot presents a rare opportunity to build your dream home or redevelop for investment. Nestled in one of Newport Beach's most desirable areas, the property is surrounded by tree-lined streets, award-winning schools, vibrant dining, and world-class beaches. It offers incredible potential for crafting a custom residence that embodies the quintessential Southern California lifestyle. Whether you envision a sleek modern design or a classic coastal retreat, the possibilities are endless. With proximity to Newport Harbor, Balboa Peninsula, Hoag Hospital, Fashion Island, parks, and scenic trails, the location is both convenient and enviable. Newport Heights is celebrated for its strong sense of community and upscale living, making this an exceptional place to call home. Opportunities like this are increasingly rare, where the value lies not only in the land but in the lifestyle it offers. The property is being sold as-is. The Sellers would like a 60-day escrow. Buyers are advised to verify all potential uses with the city and relevant & authorities.

Location

State CA

County Orange

Area N6 - Newport Heights

Interior

Heating Central

Cooling None

Fireplaces Type Family Room

Laundry None

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Street Lights,Sidewalks

View Y/N No

View None

Building

Lot Description Back Yard

Dwelling Type House

Story 1

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Newport Mesa Unified

Others

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard

View More
Favorite Go Tour